EQS Group-Ad-hoc: Highlight Event and Entertainment AG / Key word(s): Annual Results
2019 Annual Report
HLEE Group records significant growth in consolidated net profit in fiscal 2019
Business at Highlight Event and Entertainment AG developed successfully overall in 2019.
At CHF 973.5 million, consolidated total assets were CHF 8.5 million higher than in the previous year (CHF 965.0 million).
Development of the operating segments in 2019
The Film segment achieved its targets in fiscal 2019. There were twelve in-house and co-productions in total in theatrical production, including the Bora Dagtekin comedy "Das perfekte Geheimnis" and "Kaiserschmarrndrama", the seventh big-screen adaptation of a Rita Falk novel. Home entertainment exploitation retained a strong market position thanks to a balanced portfolio, including theatrical successes such as "Der Fall Collini" and "Ostwind - Aris Ankunft". In free TV, sales were generated in particular by the start of initial licenses.
In the Sport- and Event-Marketing segment, the TEAM group successfully completed the development of commercial concepts and rights packages for the 2021/22 to 2023/24 cycle of the UEFA Champions League, the UEFA Europa League, and the new UEFA European Conference League in the reporting year. TEAM experienced a strong start to its sales operations on both the media and the sponsorship sides, closing several key deals early on.
In the reporting year, the Sports segment continued to focus on optimizing its portfolio of rights, improving existing digital content and creating new digital content for cross-platform exploitation. The World Boxing Super Series (WBSS) successfully held both the semifinals and the super lightweight final in London as well as the bantamweight final in Tokyo in 2019. The bantamweight final was named the Fight of the Year 2019 by many experts and specialist magazines.
The Annual General Meeting for fiscal 2019 is scheduled to take place on June 26, 2020.
The detailed 2019 annual report is available at https://www.hlee.ch/en/Interim-reports.htm.
End of ad hoc announcement
|Company:||Highlight Event and Entertainment AG|
|Phone:||+41 41 226 05 97|
|Fax:||+41 41 226 05 98|
|Listed:||SIX Swiss Exchange|
|EQS News ID:||1025339|
|End of Announcement||EQS Group News Service|
1025339 20-Apr-2020 CET/CEST